Andy Thomson
RM Funds is launching an open-ended lower risk/return alternatives fund to cater to investor caution in the face of an increasingly challenging macro environment.
Justin Mallis, who worked with a number of credit funds in his former role, becomes global head of project management at his new employer.
Bridging facilities are now being used not just for more efficient deal execution, but also to get proceeds into the hands of LPs quicker.
.jpg "Alternatives managers ‘need seat at table’ for FCA talks")
A leading regulatory lawyer has warned that alternative asset GPs may be burdened with inappropriate rules if they don’t participate.
%2080.jpg "Korea’s NPS hires new global alternatives head")
The world’s third-largest pension fund is actively hiring investment professionals in its overseas offices.
The investment manager has launched a shorter-term ‘Resilient Credit’ strategy as a complement to its existing core infrastructure debt business.
.jpg "Brenke joins Berment as Ardian co-head")
Mark Brenke, who set up ICG’s European direct lending business, will work alongside Ardian veteran Olivier Berment (pictured) at the head of the firm.
Global Infrastructure Partners’ third fund is aiming to go from a first close by the end of this year straight to a possible $15bn final close within months.
The Euronext Brussels-listed firm has also handed more capital to a solar-focused portfolio company and has now spent two-thirds of its IPO proceeds.
The Paris-based manager has closed its second infrastructure fund on €307.5m, easily surpassing its €200m target.